What was Netflix's revenue in Q2 2025?

Netflix reported revenue of $8.2 billion in Q2 2025, up 8% year-over-year.

Why did Netflix stock fall after the results?

The stock fell due to weak guidance that came in below analyst expectations, raising concerns about slowing subscriber growth.

How many new subscribers did Netflix add in Q2?

Netflix added 5.9 million new subscribers in Q2, down 20% year-over-year.

What is Netflix's guidance for Q3 2025?

Netflix expects Q3 revenue between $8.0B and $8.2B and 4-5 million new subscriber additions.

Did Netflix beat earnings estimates in Q2?

Yes, Netflix beat earnings estimates with EPS of $3.30 versus expectations of $3.10.

Netflix Q2 Earnings Beat Overshadowed by Weak Outlook

Netflix (NFLX) reported Q2 2025 earnings that beat analyst estimates, but weaker-than-expected revenues and disappointing guidance cast a shadow. The stock reacted cautiously as investors weigh the company's growth prospects.

Netflix (NFLX) reported second-quarter 2025 results that exceeded earnings expectations, but revenues came in below estimates and the company issued soft guidance, raising concerns about subscriber growth. The stock traded cautiously after the release.

Key Financial Results

Metric	Q2 2025	YoY Change
Revenue	$8.2B	+8%
Net Income	$1.5B	+12%
EPS	$3.30	+15%
Subscriber Additions	5.9M	-20%

Highlights from the Report

Netflix attributed the slowdown in subscriber growth to market saturation in developed regions and increased competition from rivals like Disney+. The company also noted higher content costs impacting revenue.

Guidance

Netflix forecast Q3 revenue between $8.0B and $8.2B, below the consensus estimate of $8.4B. It also expects to add only 4-5 million new subscribers, signaling continued deceleration.

Impact on Stock

NFLX shares fell 3% in after-hours trading following the release, reflecting investor disappointment with the weak outlook. However, the stock remains up 15% year-to-date.

What This Means for Investors

While the earnings beat is positive, the weak guidance suggests growth challenges ahead. Investors should monitor Netflix's performance in the coming quarters and its ability to sustain subscriber growth amid intense competition.